The issuer of Binance Coin (BNB) is Binance Exchange and is issued by Binance Exchange.
Issuer of Binance Coin (BNB)
Binance Coin (BNB) is issued by Binance Exchange .
BNB Price Analysis | October 16, 2024
As of 12:00 on October 16, 2024, the price of BNB (BNB) is $594.44, 24 hours trading volume was $203 billion. Up 1.48% in the past 24 hours.
Price Moving Factors
The recent price increase may be attributed to the continued development of Binance, the growth of the BSc ecosystem, and improving overall sentiment in the cryptocurrency market.
Future Price Movement Forecast
Technical indicators suggest that BNB may be correcting its recent gains. However, the long-term trend remains bullish, and the likelihood of future price increases is high due to strong fundamentals.
It is recommended that
holders should pay close attention to market dynamics, while new investors may consider opening positions gradually. Experts recommend holding BNB for the long term due to its significant growth potential.
Short Term Forecast
Based on current trends, BNB is expected to fluctuate in the short term. However, it is likely to remain in a range between $550 and $650.
Key Metrics
- Price: $594.44
- 24 hour trading volume: $203 billion
- Circulating supply : 146 million
- Market value: 867.474 billion US dollars
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